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HomeMy WebLinkAbout1575 221533 1 ~ TNIS IKDENTURE, M~de the 21 S L da of ~CQ ~be r A.D. 19 71 between Winifred ~urtis Hill and Betty Carol Hill, his wife af St . LUCle ~ Cou~ry Flw~da, hereinafter deignated q ~he "MpRTGAGOR," and fIRST FEOfRAt SAVINGS AND IOAN aSSOC1AilON OF FORT PIFRCE, a torporat;o~ aqan;:ed ~nd existingrunde~ the laws of the Un;ted Statoi of America and hsvinp in principal place of buiineu in tht City of fort Piact. S~. lucie County. Florid~. hcrein~ftir• desi9natrd as Mw YMORTGAGEE:' WNEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of S23i6O0, OO-- good and lawfut mo~ey oi the Un~red S!ares advanccd by tAe hlQRTGAGEf ~nto rhe MORIGAGOR, as evidanted by a certain p~omisswy note of even date herewith, of wh~ch the following in ~orda ~nd iigures is a true copy, towi~: s 23,600.00 ~4-17,764 ' €art v~arct. F~w~ua, ~-'CembCZ 21 . ~071 _ ~ fw value reteived, I, we or either of us, prom~se to pey, without defatcat~on, to the order ot FtRSi FEDERAL SliYltV~S ANO LOAN ASSOCIAiION OF ~ ~ORT PIERCE a? fort Pierce. Florida, the sum of S 23 ~ 6~0. _,n;rh interesf (~om date al the iate of? °o per annum, in rnonthly install- ~-•r~rs as fottows: S- 179•~~ ,on the 15L day of FebrLdi~? ~q 72_ and a like sum on the cwresponding day of each moroh there- ~'!er ~Nil the whoEe be fuliy ya:d. Each instalimcnt fint shall be appl~ed in payment of the interest and ~hcn on the unpa~d balance o( the prin~~pal sum. If d ault is rtude in the ~ e;~nen~ of any insralt~nrnt when due, and s~ch defaulr continuea 30 days, then at rhe opt;on of the ho;drr, and without any other notice, all the remaining ~~srallrnents shail be due and payable at once. Priv~lege is given to prepay this note in whole w in part at any time without penally. Neither faebeara~ce, nor acceptance by the holder thereof after any default io any payments hereon, shall be deemed extens~on. A fate payment tharge of ~8 • 95 , shall be ~djed to each instaliment remaining unpaid 7 days after its due date, and a hke sum shall be addrd to each euch installment remaining unpaid 7 dayt afier eath 3ucceeding paYment date- Each maker, surety and rndwser hereof, jointly and severaity, waives demand, p~ese~tment protest and notice of protest fw nonpayment, snd further ~giees to any extcnsion of hn:e of payment, eitF,er before w aher maturity, without not;ce to any oi us; and to pay all casrs of colleceion, endud:ng a •~~ssonable attwney's fee ~n the event of any default hereu~der, and hereby severally wa~ves a~l benefit of homcstead and extmption under ihe constitWion 3:~d laws of each State of the United $tates, as agamst this obGgation w any euens~oo or renewal hercof, Witness the harid and seal of each party. s/ Winifred Curtis Nill ~~~i~ (SEAt) i s Betty Carol Hill ~A~~ i 5 3 S. 40 ) State Reveoue frarr~p~ ~anc~tF ~ ~'vr~ji'ns"i=ror~ 23 600 00 NOW, THfAffORE, the MORTGAGOR fos the purpDSe of setu.ing payment of sa~d sum of s ~ • snd the perfwmance of the covenants and agreements hereinafter expressed, and fw d~ve:s good and valuabte considerations, by these presents, does grent, bargain, sell, remise, re'ease, convey ~nd conf~rm vnto the M~RTGAGEE, its successors and auigns, eN that ceruin lot, piece a parcel of land, situate, lying, and being in the County oi $t. Lucie and State of flor;de, dexr;bed as foltows: LOL I1 ~ Jl'iGKM ~ ~\~fT ~tn • 1 ? ?M VuU „<.KCJ Vl~ll .w.r. a~ d~ }ici yiu. ~..ci~^v~ ~2~~ ; in Plat Book 14, page 43, Public Records of St. Lucie County, Flarida,? ~ I 9 s 2 << ; ~ ~ s r_ . - 1-; ~ : ~MfT T~ rHr ~N > > L`~.C~:~;•~_•, . ~-_X F~`q POITR,qS~'4~~iZ~E~t~~~ ~a T'~~' ~ .;RN-5 ?2 ~ - ~ G ~un ~ 1g~~. f1P11; ~ _ f ~:3 5 4 O = S< <ucie ~U~ - . N i~:~.:ft:-,,•.~~. _ - P.~.~y~>>~ -_._._~~.~t` er a ~ ~ ~RX together with sll and singular the tenements, hereditaments ~nd appurta~ces thereunto belongirg or in anywise apperbi~i~g therefo, and ~II rents, issuts, pr«eeds ~nd profits accrving and to sccrue from said premises, a11 of which are inclvded in the above and fae~oinQ description and habendum. TO HAVf AND TO HOLD the ebove described and yranfed preni~ses umo the said MORTGAGEE, its succe~sors and assi9ns forever. And ths said their MORTGAGOR fa he;ra, executors, administralors ~nd asaigns, hereby covenants with the :~id MORTGAGEE, its succtssws ~nd assiyro, rhat - LhQ~1-a=e-- Iswfu{ly uized of the said premises in fee simple; that the same ~re free, clesr and dixMrged frem ~11 tiero ~nd ~ncvm- brances in law or in equity, and that t he y will and t he i r heirs shall warrant ~nd defend the title b the same to the ~aid MORTGAGEE, its successors and euigns, faever against the Iawful claims and demands of atl persons; PROYIDED, AlWAYS that if the MORTGAGOR sha{t pay unto tM MORTGAGff the promissory rate here+nbefore dewibed and shall truly, promptly ~ and fully pe~form, d~scharge, execvte, complete, comply with and ~b~de by each and every the stipulatiorts, ~greements, conditions and covenanb of said promis~y note ~nd of this Mortgage, then this Mwtgage and the Estate hereby uested shall cease snd be nvll and void. IT IS UNDERSTOOD that the wad "Alortgsgp" whether in tF~e singular or plural anywhere in this Mwtg~ge, shall be sinyular if or?~ onty and shall be plura! jointly and severilly if more tha~ one, and that the word "their" as used anywhere in this Mortyage shall be taken to mean "his," "hen," o+ "iti;' wherever the context w implies a admits. Alw, that whe~eva there is • reference in tht covenant~ and agrcements herein cont~ined to ~ny of fhe puties hereto, the s~me ih~lt be consrrurd to me~n as wel) ~s the heirs, leqi! represcnutives, successori and a~siyns (either voluntery by ut of the parties q involuntary by operstan ef the law) of the s~me and that the covenants herein contained ihall bind and the benefiti and advantsges inur~ fo the retpective heirs, leyal representative~, successors and au~gns of the parties hereto. And ssid Mortgsgors, for themselves and thei~ heirs, Icgal repreuntatives, successws and auign~, hereby jointly and severally coven~nf ~nd ~yree to and with the uid MORTGAGEE, its successors and assiq~s: 1. To p+y all and singul~r tF» printipat ~nd interest a~d the v~rious and sund~y sums of money payable by virtue of said promissory note, and thia morty~e, each and every, p~omptty on the days respectively the s~rne severatly become d~e. 2. To p~y •U and •irgvlar the t~xes, asfessments, levies, ti~bilities, obtgarions and lnc~mMaMN of every natu~e ind kind now on said described prop~rty, p rhat hereafter may be imposed, suffered, pl~ced, levied, or ~ssessed thereon, or that hereafter may be levied or assessed upo~ thi~ Mat9- ay~, a the indebtedness secured hereby, eacl~ snd every, when due ard payable. ~ccading lo taw, before they becpne delinqucM, and befwe ~ny interq~ ar+aches or a~y penalty is incu»ed; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIEO AND DISCHARGED OF RECORD AND THE ORIGI~IAL OFFICIAt DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATI$FACTION PAPER OFFICIAIIY ENpOR$Ep OR CERTIfIEDi SHAtt BE PLACEO tN THE HANDS Of SA~D MORTGAGEE WtTHIN TEN DAYS NEXT AFlER PAYMFMT; and in the evenf t1,at any tFieieof is not paid, :at'sfied end discherged sa:d MORTGAGEE may at any time pay the same w eny patt thereof without waiviny o~ affecti~g any option, {ien, eQuity q ~~ahr under w by v~rtue of th~s mofrgage and the full amo~,m of each and every such payment shall be immediatefy due and payabte and shali bear interesr <<om the date the eol until p~id a? rate of n;ne per centum per ~nnum and toQ^~r~~~h~tfe~~~~ secured by the ~ien of th:s mwgta9e. 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